DOF ASA - Disclosure of large shareholding
Reference is made to the stock exchange announcement dated 9 February 2017 regarding the new share capital of DOF ASA (the "Company") following conversion of parts of the subordinated convertible bond issued on 5 August 2016 to new shares in the Company.
As a result of the conversion, the shareholding of Møgster Offshore AS, controlled by Laco AS, has today, 9 February 2017, been diluted to 49.97% of the shares and votes in the Company.
With a multi-national workforce in excess of 4,000 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 30 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity.
DOF’s core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentina, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.